September 17, 2021,
Building Secure and Resilient Digital Ecosystems: The Future Business Watch
In recent times, the digital world has become a place where we spend most of our time. Typically, We use devices to work, communicate and transact. For this reason, we need to ensure that these platforms are secured and resilient. In this blog post, we will explore the plausible ways to build secure and resilient digital ecosystems. So, read on!
What is a Digital Ecosystem?
In digital ecosystems, digital services and digital value are created by digital entities. Digital entities include both human agents known as content creators and automated software agents known as algorithms. Collectively, digital entities can be termed as digital actors or digital players. This leads to the distinction between digital actors and end-users.
- Digital Actors: Comprises human beings and digital services that provide digital value. They are digital entities or software agents that collectively assemble digital ecosystems, digital environments, and digital services for their end-users. The main digital actors in digital ecosystems are Internet applications and online services such as mobile apps, social networks, or eCommerce websites.
- Digital End Users: Human beings are the ultimate targets of digital ecosystems. They use digital services to solve problems or reach their goals. Digital users are often digital actors themselves, depending on the digital ecosystem they belong to.
Why are they essential to the future of business?
Businesses need digital ecosystems to achieve digital business transformation. Digital ecosystems usually aid in creating digital value that can be used for digital strategy and digital innovation.
It also allows businesses to be digitally competitive, thereby transforming their market position in the industry. This leads to achieving digital business success. With the increasing digital impact of digital ecosystems on the future development of societies, industries, and economies, digital ecosystems are also important in global digital governance.
Furthermore, building the digital ecosystems to be secure and resilient will uphold digital trust and confidence. In this way, digital ecosystems will enable digital businesses to thrive in the digital economy and society.
How do you build a secure and resilient digital ecosystem?
- Keeping digital ecosystems safe and secure: This can only be achieved if robust firewalls and SSL security systems are used to secure the digital ecosystem and ensure a straightforward cybersecurity success.
- Encouraging digital agents to be good digital citizens: The trustworthiness of digital players should be promoted so that they comply with the rules set by the business for its ecosystem.
- Respond quickly in case of digital failures or digital attacks: Digital ecosystems should have digital health monitoring systems to detect digital attacks on digital value and digital infrastructure.
- Build digital security into the design of digital value chains, digital business models, and digital architecture. The main goal of this approach is to achieve a precautionary approach for securing digital ecosystems against digital threats. Notably, digital threats can be digital weapons of mass disruption. This necessitates security measures to tame malicious intentions over the digital infrastructure.
The importance of a secure and resilient digital ecosystem cannot be understated. As the world continues to grow digitally, your business’s future success or failure will be determined by its ability to adapt to new technological trends. At ETTE, our mission is to help our clients create a plan that includes all aspects of this phenomenon. The program will involve understanding your customers needs at each stage in their buying journey to incorporate cutting-edge technology into every part of your company’s operations. Do you have what it takes? Give us a call for an assessment today!